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LEASE LIABILITIES-FINANCE AND OPERATING LEASE (Tables)
 6 Months Ended
Jun. 30, 2021
Lease Liabilities-finance And Operating Lease  
Lease Liabilities-Finance and Operating Lease - Schedule of Finance Leased Liabilities

The components of finance lease liabilities were as follows:

 

   Imputed  June 30,  December 31,
   Interest rate  2021  2020
Total finance lease liability   6.7%  $1,907,883   $2,105,973 
Less: Current portion        (160,498)   (217,070)
Finance lease liability, net of current portion       $1,747,385   $1,888,903 
Lease Liabilities-Finance and Operating Lease - Schedule of Operating Leased Liabilities

The components of operating lease liabilities as follows:

 

   Imputed  June 30,  December 31,
   Interest rate  2021  2020
Total Operating lease liabilities   4.89%  $7,836,144   $8,499,692 
Less: Current portion        (470,999)   (477,350)
Operating lease liabilities, net of current portion       $7,365,145   $8,022,342 
Lease Liabilities-Finance and Operating Leases - Schedule of Financing and Operating Lease Maturities

Maturities of lease liabilities were as follows:

 

   Financial lease  Operating Lease
Payable within:          
the next 12 months  $290,560   $688,245 
the next 13 to 24 months   290,560    692,220 
the next 25 to 36 months   290,560    693,269 
the next 37 to 48 months   290,560    697,562 
the next 49 to 60 months   290,560    705,813 
thereafter   1,162,237    11,037,447 
Total   2,615,037    14,514,556 
Less: Amount representing interest   (707,154)    (6,678,422)
Present value of net minimum lease payments  $1,907,883   $7,836,144